If a large not-on-us check was split between a new savings account and an existing checking account, (not the ideal scenario) would you split the availability of the $5,525.00 on the 2nd business day between the two accounts and make the balance available on the 9th business day?
When a corporation has an account titled "Smith mowing DBA Jones Hardware," may we accept deposits in both company names into the one
Is there an updated list of required notices that should be displayed in the bank? Also, are there size or placement requirements?
There are ADA standards for websites. But are these standards
applicable to websites that are viewed in portable devices (such as a
cell phone or on an iPad), or are there separate standards for websites viewed on devices that aren’t computers?
How do we report SEP contributions when the contribution is made after tax reporting date? Extensions?
Our FI is planning on using Promontory to offer broker deposits to consumers.
I have thought that Reg DD, section 1030.4 thru 1030.6 (Account
Disclosures) apply, however the Agreement and periodic statement don't specifically
address by Reg DD the required elements. For example, their Agreement states
accrued interest will be credited "at least once each month" vs. a specific
frequency, and it does not reference if accrued interest will be paid or not
paid if the account is closed, and refers to the APYE as "Statement Period
We have just received communication from the vendor and they are telling us
that "A Relationship Institution is a “deposit broker” for purposes of
TISA and, as such, is subject only to the advertisement provisions of Reg
DD." But they don't even spell out at least once Annual Percentage Yield.
Is our FI required to meet all the requirements of Reg DD as if the consumer
were opening one or our MMAs?
Can you place a Reg CC hold on a Savings Bond?
What are a few ADA website compliance strategies that my community bank can adopt?
How do we report the inherited IRAs? How should it be titled?
Where can I find the retention requirements of various bank records on how many years we need to save them?